A Comparative Analysis of Efficiency and Productivity of the Indian Pharmaceutical Firms: A Malmquist-Meta-Frontier Approach

作者: Meenakshi Rajeev , Mainak Mazumdar

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摘要: This paper examines the technical efficiency, technological gap ratio (TGR) and productivity change of Indian pharmaceutical firms across different groups. The groups are formed based on their size, strategies product varieties. study indicates that vertically integrated produce both bulk drug formulation exhibit higher innovation efficiency. However, in contrast to popular belief, analysis reveals increased export earnings do not necessarily lead We also find installing capital-intensive techniques or imported technology propel growth firms.

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